Ross Stores Opens 39 New Locations

DUBLIN, Calif. — October 26, 2020 — Ross Stores announces the recent opening of 30 Ross Dress for Less® (Ross) and nine dd’s DISCOUNTS® stores across 17 different states in October. These new locations complete the Company’s store growth plans for fiscal 2020 with the addition of 66 new stores.

“We remain committed to growing our Ross and dd’s footprints across our existing markets as well as expansion into our newer markets. We added a total of 12 stores to our largest markets of California, Texas, and Florida, while opening two stores in Ross’ newest mid-western state, Ohio.  In addition, Ross and dd’s both expanded their presence into new states. Ross entered the state of West Virginia and now operates in 40 states and dd’s opened its first store in Arkansas and has locations in 21 states,” said Gregg McGillis, group executive vice president, Property Development.

Ross Stores Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, Calif., with fiscal 2019 revenues of $16.0 billion. Currently, the company operates Ross Dress for Less, the largest off-price apparel and home fashion chain in the United States with 1,594 locations in 40 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20-60-percent off department and specialty store regular prices every day. The company also operates 275 dd’s DISCOUNTS in 21 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20-70-percent off moderate department and discount store regular prices every day.

Posted October 26, 2020

Source: Ross Stores Inc.

Toyobo To Establish Joint Venture With Indorama Ventures To Build New Plant For Automobile Airbag Yarns

BANGKOK — October 26, 2020 — Toyobo Co. Ltd. has agreed to set up a joint venture firm to produce yarns for automobile airbags with Bangkok-based Indorama Polyester Industries PCL (IPI), which is under the umbrella of the world’s largest polyethylene terephthalate (PET) producer Indorama Ventures PCL. The joint company plans to build a new plant on the IPI factory site in Rayong Province, Thailand, and start operations in first Quarter of 2022.

The airbag market is expected to continue growing at three-four percent annually thanks to an increase in the number of airbags installed per vehicle and growth in the proportion of vehicles equipped with airbags in emerging economies. In 2014, Toyobo and IVL jointly acquired PHP Fibers GmbH (PHP), a German airbag yarn maker that held the second-largest share in the world at that time. Since then the relationship has grown stronger with many joint activities carried out between Toyobo and PHP.

Toyobo has long maintained a partnership with IVL, which is committed to expanding its mobility-related business. Given that Toyobo and the IVL group are capable of effectively using their resources in Thailand, they agreed to establish the joint venture company to produce nylon 6,6 airbag yarns and ramp up efforts to expand their airbag business. The JV will be integral part of the Indorama Mobility Group.

IVL, with its presence in Thailand, is undertaking the manufacturing for the proposed JV, with 100 percent offtake by Toyobo for its weaving plant.

Toyobo will diligently meet global clients’ needs as the sole manufacturer capable of producing and supplying airbag materials ranging from yarn to fabrics at our five operations hubs in Japan, Thailand, China, the United States and Europe.

Posted October 26, 2020

Source: Toyobo-Indorama Advanced Fibers Co. Ltd. (TIAF)

Apparel Manufacturing In The United States: Evolution St. Louis Serving Brands Impacted By Foreign Supply Chain Instability Amid COVID-19

ST.LOUIS — October 26, 2020 — Evolution St. Louis is working with fashion brands to locate advanced apparel manufacturing in the United States during the ongoing COVID-19 pandemic. The company, founded in 2019, was created to address the dynamic shift in consumer buying patterns, build the supply chain of the future and strengthen “Made in the USA” manufactured products for contemporary, designer and luxury brands.

“COVID-19 has revealed the fragility of our economy and the supply chain weaknesses due to our dependence on foreign manufacturing,” said John Elmuccio, cofounder of Evolution St. Louis. “The fashion industry has been hard hit, but businesses with domestic manufacturing partners have fared better. By creating more responsive supply chains and locating production in the United States, brands and retailers have a better chance of success.”

Prior to COVID-19, more than 95 percent of clothes sold in the United States were imported from overseas because of higher profit margins with foreign manufacturing. Due to the pandemic, billions of dollars of clothing orders have been canceled and many brick-and-mortar stores have closed.

“Brands are coming to Evolution St. Louis because we are nimble and collaborative in our approach,” Elmuccio said. “The industry trend is to release drops versus designing for seasons. Evolution St. Louis can be more responsive using our 3D and Knit & Wear complete garment technology, allowing customers to react to demand, while also offering innovation previously unavailable. Traditional labor-intensive, cut-and-sew manufacturing and the 12- to 15-month cycles in Asia are not sustainable. Giving brands the option to base production in the United States also allows them to control inventory, making product that sells rather than projecting what might sell.”

Evolution St. Louis manufactures a broad range of products — including fully fashioned knits, complex shapes, footwear and smart textiles — with its industry leading, high-tech flatbed knitting machines. The company also can produce textiles for the home, office and automotive industries.

Posted October 26, 2020

Source: Evolution St. Louis

Lion Equity Partners Completes Acquisition Of T-Y Group And Harbor Linen From Bed Bath & Beyond

DENVER, Colo. — October 26, 2020 — Lion Equity Partners, a Denver-based private equity firm specializing in acquiring corporate carve-outs, announced that its affiliate, Lion Equity Holdings II LLC, acquired T-Y Group and Harbor Linen (TY-Harbor) from Bed Bath & Beyond Inc.

TY-Harbor distributes quality linens, terry, amenities, case goods and apparel to world-class businesses in the global hospitality and healthcare industries. TY-Harbor will be merged with Lion Equity Partners’ existing portfolio company, Riegel Linen, a leading importer, manufacturer, and supplier of tablecloths, napkins, sheets, towels, bedding and other linens.

“Over its 48-year history, TY-Harbor has distinguished itself through the highest levels of quality, customer service and product innovation,” said Lion Equity Cofounder and Partner Jim Levitas. “The company is a highly strategic fit with our existing portfolio company Riegel Linen. The combination will form an industry-leading provider of textiles and amenities for hotels, cruise lines, restaurants, commercial laundries, linen suppliers and healthcare facilities.”

Chris Nelson, the current president of TY-Harbor, will become CEO of the combined TY-Harbor/Riegel Linen entity. He said: “The merger of TY-Harbor and Riegel Linen is going to be a huge benefit to our combined customer base. We will be a true one-stop shop with service, products and distribution that are second to none. I am so excited to work with a very experienced management team to lead the employees of both companies as we work as one business to serve our customers.”

Bill Josey, CEO of Riegel Linen, added: “This transaction is a win for our customers, our associates and our partners. The combined company is going to leverage Riegel Linen’s quality, service and heritage and match it with TY-Harbor’s extensive product portfolio and distribution to become an industry powerhouse.”

Posted October 26, 2020

Source: Lion Equity Partners

Suominen Introduces BIOLACE® Bamboo For Wipes – A Sustainable Solution With Superior Softness And Cleanability

HELSINKI, Finland — October 15, 2020 — Suominen has launched a new plant-based nonwoven for wipes: BIOLACE® Bamboo. Thanks to its key features — softness and cleanability — it is designed to meet the multiple requirements of various wipe applications.

All the products in Suominen’s sustainable Biolace product family are made exclusively from renewable plant based raw materials and are biodegradable and compostable. Biolace Bamboo is also plastic free.

“Biolace Bamboo offers a luxurious feeling; it is the softest biodegradable alternative to viscose and cotton nonwovens that are typically used in wipes and has a texture reminiscent of a cashmere-silk blend. It’s perfect for use with sensitive skin,” said Johanna Sirén, category manager at Suominen.

In addition to its softness, Biolace Bamboo has superior cleanability when wet compared to other commonly used plant-based disposable nonwoven products. The product is also excellent for hygienic cleaning of hard surfaces, such as glass because the material is very low linting.

Compared to the traditional fossil-based nonwovens used in wipes, Biolace Bamboo provides a clear advantage in terms of reducing the carbon dioxide footprint.

“As the name indicates, the main raw material used in Biolace Bamboo is made by utilizing bamboo — a perennial grass that is one of the fastest growing plants in the world. The speed of its re-growth after harvesting makes it a considerable alternative for use in place of other renewable raw materials,” Sirén explained.

“We are continuously developing new products into our sustainable product portfolio in order to meet the requirements of our customers and consumers.”

Posted October 23, 2020

Source: SUOMINEN CORPORATION

Pureair Filtration Partners With Noble Biomaterials To Launch Fibershield™, An Antimicrobial Product With Silver Technology That Can Be Used In Any Filter

NORCROSS, Ga./SCRANTON, Pa. — October 23, 2020 — PureAir Filtration, today announced it has launched a strategic partnership with Noble Biomaterials, the global leader in antimicrobial and conductivity solutions for soft-surface applications. The companies have developed an antimicrobial fiber called FiberShield™ that can be used as an added fabric layer in particulate filters to help fight microbes amid the COVID-19 pandemic.

FiberShield is made using a proprietary blend of nonwoven nanofibers that are impregnated with antimicrobial Ionic+™ silver technology. The antimicrobial fabric can be used in any particulate filter and is the only one on the market to offer such flexibility to filter manufacturers. FiberShield with Ionic+ technology has been tested and proven effective by independent testing laboratories to inactivate over 99 percent of specific pathogens.

PureAir also debuted a second product in its antimicrobial line called Microbe-sorb™, an adsorbent media that utilizes a proprietary blend of compounds to activate, enhance and deliver the strong antimicrobial properties of permanganate, a material commonly used in medical practices since the early 1800s. Independent laboratory tests show Microbe-sorb inactivates over 99 percent of microbes on contact.

Both of PureAir’s new products are aimed at mitigating the impact of the COVID-19 pandemic by focusing on improving air quality through gas, odor and pathogen removal.

Posted October 23, 2020

Source: PureAir Filtration

LYCRA® Anti-Slip Fiber Takes Center Stage At Kingpins24-Amsterdam

WILMINGTON, Del. — October 23, 2020 — The LYCRA Company will debut its newest denim innovation, LYCRA® Anti-Slip Fiber, this month during the Kingpins24-Amsterdam online event. Each day of the virtual expo will explore a different theme impacting the global denim industry — Inspiration (October 27), Innovation (October 28), Fibers and Raw Materials (October 29) and People and Social (October 30) — via live-streamed and on-demand panels, seminars and interviews. Kingpins is transitioning its denim tradeshow for the third time to an online format amid COVID-19 concerns. Previous events in April and September drew more than 4,000 live stream viewers and more than 38,000 on-demand content views.

Leaders from The Lycra Company will play key roles in the agenda. On October 28, newly appointed Chief Innovation Officer Steve Stewart will discuss the company’s innovation process. More than 100 PhDs at the company’s four state-of-the-art R&D labs are dedicated to developing innovative fiber, fabric and garment solutions for the apparel industry.

“Our innovation strategy identifies the stated and unstated needs of our consumers and customers, and is guided by proprietary research, trends and insights,” Stewart said. “We specifically look for pain points that can be solved with new or improved products or processes that add value. Our stretch technologies have revolutionized the textile and apparel industry and we continue to challenge ourselves to drive further product differentiation that helps to redefine the markets we compete in.”

Stewart will present LYCRA® Anti-Slip fiber, a new denim seam slippage solution for applications in single-core spandex fabrics that require durable stretch and good recovery power. This patent-pending fiber helps maintain garment appearance wash after wash and wear after wear.

Using Lycra Anti-Slip fiber in the core of LYCRA dualFX® technology yarn further enhances anti-slippage performance. Combining Lycra Anti-Slip fiber and Lycra T400® fiber, meanwhile, delivers the high stretch of Lycra fiber with exceptional anti-slippage properties and the excellent recovery power of Lycra T400 fiber.

“Jeans are the most commonly returned garments purchased online,” Born said. “The majority of denim returns are style or fit related, which leads to consumer dissatisfaction with the quality or aesthetics of the product. Several of these issues can be linked to seam slippage. With LYCRA® Anti-Slip fiber, consumers can have super stretch jeans that last longer, while maintaining the fit and shape.

On Oct. 29, Julien Born, chief commercial officer, and Jean Hegedus, sustainable business development director, will discuss how The Lycra Company designs technology solutions for the circular economy. Hegedus recently was appointed to her new role, which expands her sustainability responsibilities to further emphasize The Lycra Company’s commitment not only to sound Environmental, Social, and Governance (ESG) standards, but to using Planet Agenda to drive competitive advantage and create value with customers.

Earlier this month, Hegedus was named to the 2020 Rivet 50 list of the most influential leaders in the global denim industry. The 35-year textile industry veteran has helped bring several notable innovations to market, including Lycra XFIT, Lycra dualFX, Lycra BEAUTY and Lycra EcoMade technologies.

“Garment durability is becoming more important to today’s conscious consumers who are committed to a more sustainable future,” Hegedus said. “At The Lycra Company, we are committed to developing products and technologies that enhance the performance of our customers’ offerings, while minimizing our environmental footprint and safeguarding the health and safety of our employees and communities.”

Posted October 23, 2020

Source: The Lycra Company

Rieter Investor Update 2020

WINTERTHUR, Switzerland— October 23, 2020 — The market recovery, which Rieter reported in June 2020, has continued. This is reflected in capacity utilization at spinning mills worldwide, which Rieter monitors. In April 2020, the proportion of producing spinning mills was around 40 percent while at the end of September 2020 this was around 90 percent. 
Against this backdrop, the Rieter Group increased order intake in the third quarter of 2020 to 174.4 million Swiss Francs ($192.4 million) (2nd quarter 2020: 45.7 million Swiss Francs ($50.4 million)). 
In the first nine months of 2020, the Rieter Group achieved a cumulative order intake of 425.1 million Swiss Francs ($468.9 million) (2019: 524.5 million Swiss Francs ($578.5 million). Compared to the previous year period, this represents a decline of 19 percent.

Order Intake by Business Group

Change CHF million in local currency 
(Year over Year, Jan. – Sept.)

  • Rieter -18 percent;
  • Machines & Systems -7 percent;
  • Components -31 percent; and
  • After Sales -20 percent.

Due to the positive development in the third quarter of 2020, order intake at the Business Group Machines & Systems reached a total of 234.5 million Swiss Francs ($258.7 million) in the first nine months. The reason for the relatively small decline of 8 percent compared to the previous year is that the new machinery business was already characterized by investment restraint in the first three quarters of the year 2019.

The Business Group Components recorded a reduction of 33 percent to 116.6 million Swiss Francs ($128.6 million) while the Business Group After Sales posted an order intake of 74.0 million Swiss Francs ($81.6 million), a decrease of 23 percent. This illustrates the effects of low capacity utilization at the spinning mills, especially in the second quarter of 2020 as a result of the COVID-19 pandemic.

The order backlog as of September 30, 2020, was around 515 million Swiss Francs ($568 million) (September 30, 2019: 285 million Swiss Francs ($314 million)). Cancellations were in the normal range of around 5 percent.

COVID Crisis Management in Place

Rieter has quickly implemented comprehensive COVID crisis management. Priority is being given to protecting employees, fulfilling customer commitments and ensuring liquidity. The necessary measures to protect employees have been implemented worldwide and the order backlog is being processed largely as planned.

Rieter has introduced 40 percent short-time working in Switzerland and Germany for the second half of 2020. Similar measures were implemented worldwide within the scope of the available legal options.

As of September 30, 2020, Rieter had liquid funds of 216.7 million Swiss Francs ($239 million) and unused credit lines in the mid three-digit million range in order to ensure liquidity. At the end of September 2020, net debt of 1.2 million Swiss Francs($1.3 million) was disclosed.

Continuous Implementation of the Strategy

In recent years, Rieter has consistently implemented the strategy with the focus on innovation leadership, strengthening the business on the installed base and optimization of the costs. The company intends to forge ahead with the strategy in the coming months in order to strengthen the market position for the time after the COVID-19 pandemic.

The Rieter CAMPUS is an important element of Rieter’s innovation strategy. Depending on the business situation, construction work is due to begin in the first half of 2021.

Outlook 2020

As already announced, in terms of sales and profitability Rieter expects a stronger second half of the year compared to the first half of 2020. Nevertheless, due to the deferral of deliveries by customers, Rieter will also conclude the second half of the year — and thus the full year 2020 — with a net loss.

Due to the existing uncertainties, it continues to be difficult to forecast sales and profitability for the second half of 2020. For this reason, Rieter refrains from providing more specific information for the full year 2020.

Posted October 23, 2020

Source: Rieter

Oerlikon Nonwoven: An Exclusive License From Procter & Gamble Offers The Best For Nonwovens

NEUMÜNSTER, Germany — October 22, 2020 — Success is built by connecting the right people with the right product. In a global marketplace, this means collaboration is just as important as competition. Companies need to focus on their strengths, while finding
practical ways to innovate and expand upon their capabilities.

In order to do so, working together often makes the most sense. This is what motivated Procter & Gamble and Oerlikon Nonwoven – Teknoweb Materials to agree on an exclusive license agreement to market and sell the Phantom platform worldwide.

The patented process for hybrid nonwovens combines the best of both airlaid and spunmelt technologies to deliver new, flexible ways of creating wet and dry wipes. Phantom technology offers additional benefits by reducing resources and cost, while increasing overall performance. The exclusive license gives Oerlikon Nonwoven – Teknoweb Materials distribute this technology worldwide. In addition, Oerlikon Nonwoven – Teknoweb Materials have further refined the process into their own Levra technology — an entry-level option that offers tailored production volumes with lower investment costs but is still suitable to be upgraded to the premium Phantom model in the future.

Quality products that cost less

Essentially, Phantom technology was developed to produce hybrid substrates. The spunmelt and airlaid processes are merged into one step to combine cellulose fibers, long fibers such as cotton, or even powders with polymer fibers in unprecedented ways. This technology has clear advantages in terms of resources, performance, and cost compared to the previous processes on the market. By removing hydroentanglement, it is no longer necessary to dry the material. Adjusting the process can optimize relevant product characteristics such as softness, strength, dirt absorption, and liquid absorption. In the end, this even increases the quality of the product itself.

The greater freedom for formulating continuous and discrete fibers allows for more flexible and absorbent structures and highly textured materials. Wipes feel softer to the touch while providing more protection for the hands. Up to 90 percent of the material can consist of pulp fibers, although natural alternatives like cotton or synthetic fibers can be added to the mix.

Phantom technology has not only found a practical application in a variety of wipes — such as hygiene wipes, anti-bacterial wipes, surgical wipes, or industrial wipes — but also in absorbent cores, for instance in diapers or fempro products. With so many applications, Oerlikon Nonwoven – Teknoweb Materials are fully prepared to deliver Procter & Gamble’s innovative Phantom technology to the global nonwovens market.

Posted October 22, 2020

Source: Oerlikon

Gerber Technology Redefines Mass Production With Launch Of Revolutionary, Next-Generation Cutting Room

Atria

NEW YORK CITY — October 20, 2020 — Gerber Technology is revolutionizing the flexible materials processing industry with the launch of their end-to-end solution for mass production, which will be unveiled at its annual technology conference, ideation, on November 4-6. The connected platform features the new Atria digital cutting solution and the October 2020 release of AccuMark® 2D and 3D, AccuNest™ and AccuPlan™. With decades of industry experience, a rich history of innovation and feedback from it’s global customer base, Gerber developed a next-generation, digital mass production solution that will offer the best throughput, quality and price per piece in the market.

The Atria digital cutting room leverages Industry 4.0 and IoT to seamlessly integrate with Gerber’s pattern design, cut planning and nesting solutions, which connects the entire mass production process from CAD to the cut room. Gerber’s latest product releases deliver what manufacturers need to succeed in the post-COVID world by integrating data management, improving efficiencies, reducing material waste, optimizing nesting and cutting production costs.

“We designed the Atria to be the most intelligent, integrated, and high-performance cutter the mass production market has ever seen,” said Lenny Marano, chief commercial officer at Gerber Technology. “The new normal COVID era is a challenge for many manufacturers and requires them to be agile and innovative. The Atria is backed by Gerber’s end-to-end solution that will allow companies to easily adapt and respond to consumer demands and market challenges.”

The Atria digital cutting room builds on the innovative spirit of Joseph Gerber, the company’s founder and the pioneer behind the first automated cutting solution. As the industry’s smartest machine to date, the Atria promises to transform mass production by improving overall throughput by 50 percent, reducing consumable usage by over 30 percent and improving material yield by 5 percent with zero buffer cutting in many applications at full speed. The intuitive solution will be a game-changer for the workwear, denim, furniture, transportation and personal protective equipment (PPE) markets as it utilizes powerful algorithms to eliminate errors, reduces costs and ensure data integrity at every point in the process.

The Atria has already received high praise from early adopters who have been testing and leveraging the advanced cutting room solutions for several months. GDI Grupo Diamante Internacional, manufacturer of professional uniforms, emphasized the Atria’s ability to cut even the toughest materials. The company has been able to cut 30-percent more material since implementing the Atria into their workflow. Apparel manufacturer Lesato has also seen a major improvement in cut quality. The Atria has allowed them to significantly increase their ply height while cutting faster and with absolute precision..

“Fashion and transportation industries were two of the industry segments most impacted by COVID-19, which meant manufacturers in these industries had to quickly adapt their processes, accelerate eCommerce and look for new ways to connect with customers and maintain a competitive edge,” said Ron Ellis, director of Hardware Product Management at Gerber Technology. “The Atria’s state-of-the-art control technology and intelligent sensors enable versatility and make it the perfect solution for a variety of markets including apparel, transportation and furniture”

Posted October 22, 2020

Source: Gerber Technology

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